The UK distilled spirits market is estimated to grow at a CAGR of around 3% during the forecast period. The adoption of distilled spirits is being significantly driven by the rising purchasing power of consumers and increasing demand for beverages with natural flavors. The spirits sector is led by millennials and the young-age population who […]
Category Archives: Food & Beverages
North American distilled spirits market is estimated to grow at a CAGR of 2.9% during the forecast period. The North American distilled spirits industry valued at $101.8 billion in 2018 and is estimated to reach $123.4 billion in 2025. Growing alcohol consumption is the major factor that is contributing to the market growth in the […]
Indian distilled spirits market is estimated to grow at a CAGR of around 4% during the forecast period. The increasing disposable income, growing acceptance of alcoholic beverages in social circles, and inclining consumer preference toward premium varieties of IMFL (Indian made foreign liquor) is expected to result in gradual growth in favor of premium brands. […]
European distilled spirits market is estimated to grow at a CAGR of 2.9% during the forecast period. The European distilled spirits industry valued at $98.0 billion in 2018 and is estimated to reach $118.6 billion in 2025. The adoption of distilled spirits is being significantly driven by the rising purchasing power of consumers and increasing […]
Asia-Pacific distilled spirits market is estimated to grow at a CAGR of 3.8% during the forecast period. The Asia-Pacific distilled spirits industry valued at $138.3 billion in 2018 and is estimated to reach $178.3 billion in 2025. There has been a gradual shift of consumers’ preference from beer and wine to spirits; as well as […]
Whey Protein Market is anticipated to grow at a CAGR of 6.5% during the forecast period. Whey protein is a mixture of beta-lactoglobulin, alpha-lactalbumin, bovine serum albumin, and immunoglobins. The younger generation across the globe is increasingly gaining interest in sports and fitness activities, thereby creating the demand for sports nutrition. Moreover, the sports drinks with […]
The global wheat flour market is anticipated to grow at a CAGR of around 2% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. […]
Distilled spirits market is estimated to grow at a CAGR of 3.3% during the forecast period. The global distilled spirits industry valued at $384.2 billion in 2018 and is estimated to reach $478.4 billion in 2025. There has been a gradual shift of consumers’ preference from beer and wine to spirits; as well as from […]
The global infant nutrition market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2024-2031). This growth is notably attributed to the emergence of new and innovative infant nutrition products. These developments are reshaping the landscape of infant nourishment and propelling the global market forward. Pioneering Product Launches: Golden Corn Maize Cereal […]
The global horticulture lighting market is anticipated to grow at a CAGR of 9.1% during the forecast period (2024-2031). An increase in demand for organic food has led to a substantial increase in the cultivation of organic crops, leading to a ripple effect in the horticulture lighting market. The adoption of sustainable and resource-efficient technologies, such as […]